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FIXED ASSETS (PROPERTY, PLANT, AND EQUIPMENT )

FIXED ASSETS (PROPERTY, PLANT, AND EQUIPMENT ). CHARACTERISTICS 1) They are acquired for use in operations and not for resale 2) They are long term in nature and usually subject to depreciation 3) They possess physical substance Examples of fixed assets (property, plant and equipment)

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Exchange rp - PowerPoint PPT Presentation

FIXED ASSETS (PROPERTY, PLANT, AND EQUIPMENT )